U.S. House Fails to Override Biden’s SEC Veto of Bill That Would...

U.S. House Fails to Override Biden’s SEC Veto of Bill That Would End Controversial SEC Guidance

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Source: Coindesk.com

A U.S. House of Representatives vote on whether to override a veto from President Joe Biden failed on Wednesday, leaving the Securities and Exchange Commission's crypto accounting policy intact. Rep. Maxine Waters, one of the central Democratic negotiators on crypto legislation, said the SEC and the banking industry are in talks to change the controversial accounting policy.

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The post "U.S. House Fails to Override Biden's SEC Veto of Bill That Would End Controversial SEC Guidance" appeared first here Coindesk.com.

Source: Coindesk.com

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